TSL Express Daily News
The Secured Lender
SFNet's The 81st Annual Convention Issue
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Top 5 Apps for Organizing
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The Importance of Stretching
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SFNet's 40 Under 40 Award Winners Panel Recap
Mar 6, 2019Moderator: Samantha Alexander, regional underwriting manager, Wells Fargo Capital Finance’s Corporate Asset Based Lending group and 2016 CFA 40 Under…
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SFNet's Inaugural YoPro Leadership Summit
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It’s a Marathon, Not a Sprint
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It’s Not Too Late – Five Member Benefits to Cash In On Now
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It’s Time To Break Up With Your Phone
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Lien Management – What You Need to Know
Jun 6, 2018UCC filing is the cornerstone of all loans and every lien portfolio...
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Potential Impacts of Blockchain on Commercial Lending
Jan 15, 2018By Raja Sengupta, Executive Vice President and General Manager, Wolters Kluwer’s Lien Solutions When it comes to the rising importance…
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How to be a Good Leader
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Fintech and Due Diligence – Disruptors and Established Firms Evolve
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A Commercial Banker’s Tickler Transition Plan
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Understanding and Developing Your Personal Brand: Four Steps to a More Intentional Career Progression
Sep 5, 2017It is imperative for individuals to have a general idea about their future career aspirations, just as companies should have clearly defined strategies.
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Selecting a Technology Vendor: 3 Questions to Ask
Jul 5, 2017As with anything else at your bank, selecting a technology vendor can be a challenging decision. Users from across different…
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Why Back-Office Lending Automation Enhances Customer Satisfaction
Apr 25, 2017Every bank strives to keep its customers happy. Of course, some institutions are better at achieving this goal than…
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The Lost Art of the Loan Purchase
Mar 2, 2017Purchasing a loan directly from a bank whether at par or discount is a not-often-used technique that is easily…
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Audit Prep: Why a Paperless Approach Makes Sense
Feb 15, 2017How much time does your financial institution spend preparing for audits? We recently surveyed 187 community banks, and the results…
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Back Office Support Services: Helping you approve more clients
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“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
Jan 30, 2017Even when prepared by outside or in-house counsel, many lenders pay close attention to draft UCC financing statements before they…
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Paper Loan Files: Does Your Bank Know the True Cost?
Jan 12, 2017Sure, there’s a tangible cost associated with deploying an electronic loan imaging system. Software, support, and scanning hardware are just…
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March 18, 2021
Source: Hitachi Capital America Vendor Services
Hitachi Capital America Vendor Services (HCAVS), which has been providing manufacturers and distributors with creative and competitive vendor financing solutions for over 20 years, is pleased to announce the hire of David Sowell as Executive Vice President of Sales. Sowell is replacing Dave Gnade upon his retirement at the end of the fiscal year on March 31, 2021.
Sowell joins HCAVS from Marlin Business Services Corp. where he was the Vice President, National Accounts. He has extensive experience in the equipment leasing business and has held positions not only with Marlin, but also TAMCO and Wells Fargo Financial Leasing. David will lead the vendor sales team and be responsible for developing strategies and furthering the growth of the business.
Gnade joined HCAVS in 2006 and has over 25 years of sales leadership experience in the leasing industry. He has been an integral part of the success of HCAVS and is responsible for developing the sales model used today. He has helped to bring in many successful programs and partners, and his experience includes managing the sales team and national accounts, relationship management, product development, pricing strategies, and executive leadership.
“Our vendor sales structure and strategy are largely the product of Dave Gnade,” says Hitachi Capital America Vendor Services President, Jim Teal. “His commitment to our business and wide-ranging experience helped us grow to the successful company we are today, and I’m grateful for all of his efforts. While Dave will be greatly missed, we are fortunate to have David Sowell join us as he is well-qualified and an excellent fit for our business. I’m looking forward to seeing him work with our sales team to expand and enhance our creative and custom approach to vendor finance.”
About Hitachi Capital America Vendor Services
Hitachi Capital America Vendor Services provides a unique service to manufacturers and distributors of equipment and software in the form of vendor programs that are creative, competitive, and professionally administered. HCAVS is a non-bank specialty finance firm uniquely positioned to deliver fast, flexible, and reliable financing solutions tailored to meet the customer’s specific needs. Learn more at www.hcavs.com.
About Hitachi Capital America Corp.
Hitachi Capital America Corp. is an independent, diversified leasing and financial services company providing financing to commercial businesses and other Hitachi companies in the United States. Strategically focused on delivering solutions that drive customer success, HCA offers value-added financing solutions, a true partner and co-creation approach to working together, and world-class execution to deliver a premium customer experience.
Through the clean technology initiative, HCA is applying its financial and intellectual capabilities to help solve society’s challenges and address Sustainable Development Goals in the areas of resilient infrastructure, responsible consumption and production, affordable and clean energy, and sustainable cities and communities.
